Sunday, December 18, 2011

Sample Call for 19th December 2011

Stock Name Action S/L Pivot T1 T2 T3 T4
SBIN Sell 1752.55 1708.85 1635.4 1591.7 1518.25 1474.55

 

  • Nifty has re-visited the 4700 levels for the fourth time in last five months.This is for the first time it has closed below the critical level
  • A sustained trading below the 4700 mark would therefore be a prerequisite for the bears to stamp their authority and drag the index towards 4500-4400
  • Next Big Support Level is 4536
  • Nifty for Next Week : Pivot 4730, Support 4549/4447, Resistance 4831
  • Nifty for Monday : Pivot 4699, Support 4580/4508, Resistance 4770